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Red Robin Gourmet Burgers Analyst Ratings

Benzinga ·  Aug 18, 2023 09:27
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/18/2023 101.65% Benchmark → $22 Reiterates Buy → Buy
06/22/2023 CL King Maintains Neutral
03/22/2023 64.99% Benchmark $14 → $18 Maintains Buy
03/01/2023 28.32% Benchmark → $14 Upgrades Hold → Buy
12/21/2022 -31.26% Jefferies $12.5 → $7.5 Downgrades Buy → Hold
12/20/2022 CL King Reinstates → Neutral
08/11/2022 Benchmark Downgrades Buy → Hold
04/18/2022 Raymond James Downgrades Outperform → Market Perform
01/26/2022 129.15% Raymond James $30 → $25 Maintains Outperform
11/23/2021 174.98% Benchmark → $30 Initiates Coverage On → Buy
11/11/2021 174.98% Raymond James $40 → $30 Maintains Outperform
09/24/2021 184.14% Jefferies $28 → $31 Upgrades Hold → Buy
09/13/2021 165.81% Morgan Stanley $38 → $29 Maintains Equal-Weight
08/30/2021 220.81% CL King → $35 Initiates Coverage On → Buy
08/19/2021 266.64% Raymond James $50 → $40 Maintains Outperform
08/19/2021 110.82% Wells Fargo $24 → $23 Maintains Underweight
05/26/2021 248.3% Morgan Stanley $35 → $38 Maintains Equal-Weight
04/12/2021 220.81% Morgan Stanley $30 → $35 Maintains Equal-Weight
03/22/2021 358.3% Raymond James $40 → $50 Maintains Outperform
03/05/2021 174.98% Morgan Stanley $21 → $30 Maintains Equal-Weight
03/04/2021 266.64% Raymond James $35 → $40 Maintains Outperform
02/10/2021 220.81% Raymond James $30 → $35 Maintains Outperform
01/19/2021 92.48% Morgan Stanley $14 → $21 Maintains Equal-Weight
01/19/2021 174.98% Raymond James $26 → $30 Maintains Outperform
01/06/2021 138.31% Raymond James → $26 Upgrades Market Perform → Outperform
12/17/2020 Wells Fargo Downgrades Equal-Weight → Underweight
10/14/2020 28.32% Morgan Stanley $11 → $14 Maintains Equal-Weight
08/12/2020 0.82% Morgan Stanley $12 → $11 Maintains Equal-Weight
06/12/2020 -8.34% B of A Securities $9 → $10 Maintains Underperform
06/12/2020 9.99% Morgan Stanley $9 → $12 Maintains Equal-Weight
06/11/2020 28.32% Wells Fargo $30 → $14 Maintains Equal-Weight
04/22/2020 9.99% Jefferies $6 → $12 Maintains Hold
01/23/2020 220.81% Wells Fargo $32 → $35 Maintains Equal-Weight
11/06/2019 193.31% Stifel $35 → $32 Maintains Hold
08/27/2019 174.98% B of A Securities → $30 Downgrades Neutral → Underperform
08/26/2019 174.98% Morgan Stanley $28 → $30 Maintains Equal-Weight
06/14/2019 349.13% Maxim Group → $49 Upgrades Hold → Buy
05/31/2019 156.65% Morgan Stanley $31 → $28 Maintains Equal-Weight
04/04/2019 B of A Securities Downgrades Buy → Neutral
02/27/2019 202.47% Morgan Stanley $35 → $33 Maintains Equal-Weight
02/27/2019 Maxim Group Downgrades Buy → Hold
12/19/2018 Jefferies Downgrades Buy → Hold
11/02/2018 220.81% Loop Capital → $35 Initiates Coverage On → Hold
10/19/2018 248.3% Gordon Haskett → $38 Initiates Coverage On → Hold
10/18/2018 275.8% Morgan Stanley $44 → $41 Maintains Equal-Weight
08/24/2018 303.3% Morgan Stanley $47 → $44 Maintains Equal-Weight

What is the target price for Red Robin Gourmet Burgers (RRGB)?

The latest price target for Red Robin Gourmet Burgers (NASDAQ: RRGB) was reported by Benchmark on August 18, 2023. The analyst firm set a price target for $22.00 expecting RRGB to rise to within 12 months (a possible 101.65% upside). 6 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Red Robin Gourmet Burgers (RRGB)?

The latest analyst rating for Red Robin Gourmet Burgers (NASDAQ: RRGB) was provided by Benchmark, and Red Robin Gourmet Burgers reiterated their buy rating.

When is the next analyst rating going to be posted or updated for Red Robin Gourmet Burgers (RRGB)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red Robin Gourmet Burgers, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Red Robin Gourmet Burgers was filed on August 18, 2023 so you should expect the next rating to be made available sometime around August 18, 2024.

Is the Analyst Rating Red Robin Gourmet Burgers (RRGB) correct?

While ratings are subjective and will change, the latest Red Robin Gourmet Burgers (RRGB) rating was a reiterated with a price target of $0.00 to $22.00. The current price Red Robin Gourmet Burgers (RRGB) is trading at is $10.91, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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